Coca-Cola’s quarterly revenue and profit declined
Coca-Cola’s after-tax profit for the three months to the end of June fell 32 percent to 1.779 billion USD, up 41 cents a share from the 2.607 billion USD of a year earlier, from 61 cents a share.
Earnings per share excluding one-time items fell by 33 percent to 42 cents.
In the second quarter of this year, the company’s revenue decreased by 28 percent to 7.15 billion USD.
Analysts expected smaller earnings per share of 40 cents excluding one-off items and higher earnings of 7.21 billion USD. (MTI)
Related news
Coca-Cola, Grab strengthen partnership to engage hybrid shoppers in SEA
It includes regional campaigns across both online and offline channels.…
Read more >
Coca-Cola Launches Initiative To Bolster Retailers In India
Coca-Cola India has announced a new support programme for small…
Read more >
Best Global Brands: the most valuable brands in 2024
This autumn global brand consultancy Interbrand unveiled its Best Global…
Read more >
More related news >
Related news
The Joy of Giving! – SPAR stores collect non-perishable food for people in need
The Hungarian Maltese Charity Service and SPAR Hungary have launched…
Read more >
Price increase at Magyar Posta: this is how much the most common postal services will cost in 2025
Magyar Posta’s goal remains to provide its services efficiently and…
Read more >
Nébih: LPP Hungary Kft. has recalled a ceramic bowl with a reindeer motif
The SINSAY brand ceramic bowl with a reindeer motif is…
Read more >
